HSI is testing MA50 and the orange uptrend line of this year. The current rebound is intact as long as these two hold. 360miq.com/market?data=HKEX#tab-3
HSI fell -0.6% (-158 pts), closed at 24170 points. Among the 150 largest-cap stocks, 62 (41%) closed higher. 37% of all HKEX stocks ended higher. In terms of sectors, 4…
● Feb 2022 has a net outflow of -1.9 (bil HK$). (middle chart) ● 2022 Southbound Cumulative Fund Flow is above MA20. (bottom chart) ● 2022 has a net fund…
SP/ASX 200 slightly rose 0.2% (+11.6 pts), closed at 7234 points. Among the 150 largest-cap stocks, 79 (53%) closed higher. 35% of all ASX stocks ended higher. In terms of…
The CCL index of the Hong Kong property market has clearly fallen below the orange uptrend line since the end of 2008.
Intel (INTC) hit a 250-Day low and is fast approaching the 2-year orange downtrend line and the 4-year blue uptrend line. Let’s see if these long-term supports hold. Also, more…
SP/TSX fell -0.8% (-168 pts), closed at 21008 points, fell 3 days in a row, fell -2.5% (-541 pts) for the week after a 3-week winning streak, crossed below MA20…
Nasdaq 100 fell -1.1% (-162 pts), closed at 14010 points, fell 3 days in a row, fell -1.7% (-244 pts) for the week, fell 2 weeks in a row. Among…
CHINA RES LAND (1109.HK) is challenging the 2-year orange uptrend line and the 6-month blue uptrend line. These are major resistances. Let’s see how it reacts against them. 360miq.com/stockinfo?code=1109.HK
HSI largely fell -1.9% (-465 pts), closed at 24328 points, fell -2.3% (-579 pts) for the week after a 2-week winning streak, crossed below MA20 (24465 pts). Among the 150…